Singapore's In.Corp acquires Philippines-based consultancy Kittelson & Carpo

Kittelson & Carpo Consulting, a business consulting firm from the Philippines, has been acquired by Singapore-headquartered In.Corp Group. 

Established in 2007 by the American Gregory Kittelson and the Filipino Amanda Carpo, Kittelson & Carpo Consulting supports clients with business advisory, tax and legal services (corporate tax planning, immigration/visas, product registration) and human capital services (HR consultancy, payroll, executive search). Since founding, Kittelson & Carpo Consulting has according to its website advised more than a thousand companies in the Philippines, operating from offices in Taguig City, Makati City and Cebu City. 

The acquisition by In.Corp Group sees the firm join one of Singapore’s larger professional services firms. Founded in 2016 by the combination of a number of service providers in the country, including Rikvin, In.Corp Group helps clients with among others expansion advisory services, accounting, taxation, corporate compliance and management consulting. The company today has a presence in eight countries across Southeast Asia and Asia, with Philippines the latest geography added to its footprint. 

“This acquisition marks a major step forward in delivering our regional strategy and we are thrilled to welcome Kittelson & Carpo into the In.Corp family,” said Atin Bhutani, CEO of In.Corp Group. “Kittelson & Carpo’s market leader position, exceptional reputation and strong management team will enable us to scale and accelerate our Philippine business.” 

Kittelson & Carpo’s President and co-Founder Amanda Carpo said that the firm is excited to join In.Corp Group, describing the move as one that grows the firm’s regional presence and a win-win for both clients and employees of the company. Fellow co-founder Kittelson stated; “Both In.Corp Group and Kittelson & Carpo are focused relentlessly on the same goal – to deliver professional and quality corporate solutions for our clients. By combining our strengths with those of In.Corp Group, we can extend our mission and jointly accelerate success for our clients.”

Bhutani, who prior to taking the helm at In.Corp was HSBC’s country head for banking in Singapore, said that he is pleased that Gregory and Amanda are joining the company’s ranks, adding, “They will play key roles in advancing In.Corp Group’s position in the APAC region and I look forward to working with them.”

In other deals in Singapore’s consulting landscape, last year Singapore-based training consultancy Neville Clarke was acquired by British Standards Institution (BSI), while Big Four giant Deloitte purchased CBIG Consulting, which has three offices in Asia-Pacific, including a hub in Singapore.